Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM Hong Kong time on July 10, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.61 trillion US dollars, witnessing an increase of 0.272% compared to yesterday; the total trading volume is 155.93 billion US dollars, marking a significant rise of 71.9% from the previous day.
Cryptocurrency Market Update - July 10, 2025
According to sosovalue, the price of $BTC is 113,750 USD, an increase of 4.2% from yesterday. The market cap of $BTC is 2.26 trillion USD, accounting for 62.7% of the total market cap; $BTC's 24-hour trading volume is 47.26 billion USD, making up 30.3% of the total trading volume.
The price of $ETH is 2,830.2 USD, up 6.31% from yesterday; the market cap of $ETH is 341.65 billion USD, representing 9.47% of the total market cap; $ETH's 24-hour trading volume is 33.61 billion USD, comprising 21.6% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 72.17% of the total cryptocurrency market cap, and their combined trading volumes constitute 51.9% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 17:50 Hong Kong time, according to
sosovalue, the top five gainers are:
Top 1 gainer is
Hyperlane (
$HYPER). As of 17:50 today, its market cap is 84.75M USD, with a coin price of 0.48372 USD, witnessing a 24-hour increase of 336%.
The second is
Ben the Dog (
$BENDOG). As of 17:50 today, its coin price is 0.00077900 USD, with a 24-hour increase of 109%.
The third is
ZKFair (
$ZKF). As of 17:50 today, its coin price is 0.000055500 USD, showing a 24-hour increase of 102%.
In fourth place is
Tokyo Games Token (
$TGT). As of 17:50 today, its coin price is 0.014520 USD, with a 24-hour rise of 54.3%.
In fifth place is
MemeCore (
$M). As of 17:50 today, its coin price is 0.41535 USD, increasing by 50.8% over the last 24 hours.
Moving on, let's take a look at the sector performance in crypto market.
Acccording to
sosovalue, out of 16 sectors, all 16 are up. Notably, NFT, Meme, and AI sectors are worth mentioning.
NFT sector has risen 11.5% relative to the UTC 0 time, led by gains in PENGU (33.6%), opul (10.6%), and DOOD (9.97%).
Meme sector has increased 10.3% relative to UTC 0, with
$BENDOG (160%),
$M (54.1%), and VINE (36.5%) leading the rise.
AI sector has risen 10.3%, with ZEREBRO (30.4%), GRIFFAIN (26.1%), and arc (25.5%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Korean media group K Wave Media (Nasdaq: KWM), listed on Nasdaq, has announced a convertible note agreement with Anson Funds. Anson has agreed to provide financing of up to $500 million, with KWM using at least 80% of the net proceeds to purchase
Bitcoin (
$BTC). The first tranche of financing will involve the issuance and sale of $15.000 million worth of senior secured convertible notes and warrants to Anson Investments Master Fund, LP and Anson East Master Fund LP, pursuant to a securities purchase agreement. The company will receive $15.000 million in gross proceeds from this offering before deducting placement agent fees and other issuance expenses payable by the company. Under the purchase agreement, the company must use at least 80% of the net proceeds from the sale of the notes and warrants specifically to purchase
Bitcoin (
$BTC). [Foresight News]
Next news:According to Fortune magazine, stablecoin startup Agora has completed a $50.00 million Series A funding round led by Paradigm. Agora has partnered with cryptocurrency companies such as Polygon to help them launch customized stablecoins for decentralized finance projects. [Foresight News]
Next news:On July 10th, video sharing platform Rumble (Nasdaq: RUM) announced today a partnership with crypto payment infrastructure company MoonPay to jointly promote the transformation of creators' profit models in the decentralized world. According to the agreement, MoonPay will provide full cryptocurrency access support for the Rumble Wallet, which is scheduled to be launched in the third quarter of 2025, enabling users to seamlessly buy, sell, and exchange cryptocurrencies. At the same time, MoonPay's creative agency Otherlife will begin using Rumble Cloud for next-generation object storage and decentralized computing. [Deep Tide TechFlow]
Next news:According to CoinDesk, German state-owned development bank NRW.BANK has issued a blockchain bond worth €100 million ($116.7 million USD). The two-year bond was issued on the Polygon blockchain and registered using the infrastructure of Cashlink Technologies, a crypto securities registry licensed by the German Federal Financial Supervisory Authority (BaFin). This is NRW.BANK's first fully digital bond issuance under the German Electronic Securities Act (eWpG) as a crypto security. The law allows bonds to exist entirely on a blockchain network without the need for physical certificates. [Foresight News]
Next news:According to Bloomberg, Ant International will incorporate Circle's stablecoin into its global platform. [Foresight News]
Next news:Guotai Junan International recently published a digital asset research report entitled "Inspirations from Tether: Can Non-USD Stablecoins Break the Mold?" stating that with the implementation of stablecoin regulatory frameworks in major countries and economies around the world, the global digital asset market is also undergoing a historic transformation. The report points out that after years of development, non-USD stablecoins already have a foundation for expansion, and the "de-dollarization" trend since the beginning of this year has also provided new opportunities for non-USD stablecoins. Judging from the regulatory framework and development status of the existing stablecoin market, the stablecoin market is likely to show a "dual-track parallel" development characteristic in the future. [Foresight News]
Next news:On July 10, according to the official announcement, the
$BNB Foundation announced the completion of the 32nd quarterly burn, with a total burn of 1,595,599.78
$BNB, worth approximately $1.024 billion. This includes 1,595,470.69 coins actually burned and 129.10 coins burned by the Pioneer Burn Program. After this burn, the total supply of
$BNB remaining is 139,289,513.94, and the burned tokens have been sent to the black hole address. [Shenchao TechFlow]
Next news:According to official sources, YZi Labs has announced a strategic investment in blockchain infrastructure platform Aspecta, providing price discovery and lifecycle liquidity for illiquid assets (such as pre-release stocks, locked tokens, private equity, risk-weighted assets, etc.). [ChainCatcher]
Next news:Cryptocurrency mining company BIT Mining has announced that it will convert its cryptocurrency holdings into
Solana and will raise $200 million to $300 million for its
Solana strategy. [Foresight News]
Next news:July 10, according to the official announcement, Binance Futures will launch the following perpetual contracts:
7-11 07:00 (UTC): CROSSUSDT perpetual contract with up to 50x leverage;
7-11 07:15 (UTC): AINUSDT perpetual contract with up to 50x leverage. [BlockBeats]
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.